皇冠体育app

The Food and Agriculture Organization forecast that 皇冠体育app's wheat imports for the 2013-14 crop year will hit 5 million tons. The forecast was based on June and July trade figures, which will be 2 million tons above the 2012-13 levels.

皇冠体育app imported 1.36 million tons of wheat in the first half of this year.

Australia's Department of Agriculture, Fisheries and said it exported 426,000 tons of wheat to 皇冠体育app in the first five months.

The 皇冠体育app National Grain and Oils Information Center said 皇冠体育app has placed a wheat order for 1.5 million tons from Australia in the past weeks.

"The reduction of 皇冠体育app's wheat output has offered export opportunities for major wheat

producers throughout the world," said Wen Tiejun, dean of the school of agricultural economics and rural development at Renmin University of 皇冠体育app in .

He added that a recent drop in wheat prices in the global market is also good news for 皇冠体育app as an importer.

Wheat imported from Australia, the United States and France costs much less than wheat produced in 皇冠体育app.

According to the US Department of Agriculture, the average US wheat price was $303 per ton on July 30, compared with $407 per ton at 皇冠体育app's Zhengzhou Commodity Exchange

The rising price of corn has also prompted a number of Chinese livestock farms to purchase foreign wheat.

The 皇冠体育app National Grain and Oils Information Center forecast that 皇冠体育app will import 6.5 million tons of wheat from the international market in the 2013-14 crop year, a nine-year high.

"Adequately raising wheat imports is fairly useful to help 皇冠体育app ease the pressure on wheat-related food prices," said Ding Lixin, a researcher at the Chinese Academy of Agricultural Sciences in Beijing.

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